40, THE RIDINGS, SAUGHALL, CHESTER, CH1 6AX - £247,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

40 THE RIDINGS is a very small detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £388,658. It was last sold for £247,500 in May 2015, which was around 9% below the average May 2015 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

40 THE RIDINGS Sold Prices

Land registry data shows two sales for 40 THE RIDINGS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. Both of the two 40 THE RIDINGS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 22 MAY	£247,500	£273,018	9% below HPI
2006 25 AUG	£181,500	£262,638	31% below HPI

40 THE RIDINGS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 40 THE RIDINGS sales from August 2006 and May 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2006 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the May 2015 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 40 THE RIDINGS be worth now?

40 THE RIDINGS might now be worth an estimated £388,658.

This is based on house price inflation of 57%, between May 2015 and February 2025, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 57% inflationary increase is applied to the most recent sale price for 40 THE RIDINGS of £247,500 on 22nd May 2015. For the value to have increased from £247,500 to £388,658 over the ten years and three months to February 2025, the following assumptions must hold true:

• The value of 40 THE RIDINGS has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The May 2015 sale price of £247,500 represented a fair market value for the property.
• The size, condition, and specification of 40 THE RIDINGS has not materially changed since May 2015.

How Large is 40 THE RIDINGS?

40 THE RIDINGS is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in Saughall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Saughall, and where 40 THE RIDINGS lies on this distribution: 13% of detached houses houses are smaller than 40 THE RIDINGS, and 85% of houses are larger. Note that EPC data is not available for all properties in Saughall.

40 THE RIDINGS: Plot and Title Map

40 THE RIDINGS sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 40 THE RIDINGS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 40 THE RIDINGS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 40 THE RIDINGS?

40 THE RIDINGS is located in SAUGHALL, in the CH1 postcode district. The below map shows the position of No. 40 on THE RIDINGS.